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C H Williams Talhar Wong & Yeo Sdn. Bhd. (24706-T)
“ Wo r k To g e t h e r Wi t h Yo u ”
Vo l u m e 4, I s s u e 1
January - March, 2006
PPK 344/6/2006
MUKAH - THE MELANAU HEARTLAND
Mukah, with a divisional population of 105,591 (2004), was made Sarawak’s 10th Division on 1st March, 2002, covering theDistricts of Mukah, Dalat, Matu and Daro. Previously, Mukah was under the administration of Sibu Division.
Situated in the Central Region of Sarawak, Mukah is a coastal town facing the South China Sea, with a 200 km coastline.It is bordered by the Divisions of Sarikei on the South West, Sibu on the South and Bintulu on the North East. This divisionis accessible by air, road and river. The RM48 million Mukah Bridge, completed on August 31, 2005, connects Mukah to themain road leading to the Pan-Borneo Highway.
PopulationInside this issue:
MUKAH - THE MELANAU
HEARTLAND ....................................... 1
COMMODITIES .................................... 4
ECONOMY ........................................... 5
NEW PROJECTS ................................ 6
NEW PROJECTS SUMMARY
QTR 1 2006 ......................................... 8
NEWS .................................................. 9
SHEDA LUNCHEON TALK .................. 11
MIDS LAUNCHES READY-BUILT
FACTORIES ......................................... 12Melanau, 56488, 54.49%Iban, 36497, 35.20%
Bidayuh, 208, 0.20%
Malays, 3216, 3.10%
Chinese, 5777, 5.57%
Other Bumis, 671, 0.65%
Other non-Bumi, 814, 0.79%
% of population by ethnic group
Mukah Division has about 5% of the total population of Sarawak in 2000 and Mukah District
is the 12th largest District (out of 30 Districts) in Sarawak. Mukah District recorded positive
growth of 2.10% and 0.77% per annum in the last 2 decades respectively. Mukah has been
gaining much exposure and investment since its declaration as a Division. However, Mukah
is still essentially 100% rural (Source : Population Census 2000).
Mukah’s population is very young with more than 50% below 24 years old. The main ethnicgroup in Mukah is the Melanaus which makes up more than half of the population.
Area/Population of Mukah Division 6,997.6 sq km/105,591
Area/Population of Mukah District 2,536.0 sq km/42,498
Major industries Agricultural-base industries
and fisheries
Natural Feature Beach
Landmarks Menara Pehin Setia Raja,
Lamin Dana, Kingwood Resort
Area/Population of Mukah Division 6,997.6 sq km/105,591
Area/Population of Mukah District 2,536.0 sq km/42,498
Major industries Agricultural-base industries
and fisheries
Natural Feature Beach
Landmarks Menara Pehin Setia Raja,
Lamin Dana, Kingwood Resort
Page 2 Volume 4, Issue 1
MUKAH - THE MELANAU HEARTLAND
Economy
The Mukah economy depends on commercialized agricultural
products and fisheries with tourism and industrial being the new
sectors. The main agricultural products of Mukah are sago
and oil palm. Further expansion is underway for commercial
oil palm cultivation in this Division.
CropArea Output Value(ha) (tonne) (RM)
Oil Palm 31,647 NA NACoconut 1,575 1,047 283,765Cocoa 15 5 9,600Rubber 2,435 NA NAPadi 6,635 11,131 7,026,000Black Pepper 144 650,875 2,603,500Sago 36,250 7,953,750 33,453,375Banana 267 1,809 723,600Lime/Lemon 386 689 563,750Others 478 NA NA
Tourism
Mukah, with its idyllic setting and unique cultural heritage, is
becoming increasingly popular among local and foreign visitors.
The Sarawak State Government has taken notice of Mukah’s
potential as a tourism centre in Sarawak and has undertaken
various infrastructural and social projects to open up Mukah
to the rest of Sarawak.
Among the places of interest in Mukah are :
• Bruit National Park, Daro
• Sungai Pasin Wildlife Park, Matu
• Kpg Sok Melanau Longhouse, Matu
• Sago Farm, Dalat
• Kenyana Lake, Mukah
• Taman Tanjung Pedada, Kpg. Tanjung, Mukah
• Kala Dana Recreation Park, Mukah
• Setia Raja Boulevard Recreation Park, Mukah
• Blue Horizon Beach, Mukah
• Kampung Kuala Hilir Oya, dalat
• Telaga Penawar Kampung Jemoreng, Matu
• Belawai Beach, Daro
Amongst the tourist attractions are the :
• Homestay at Kpg. Sok Longhouse and Kpg. Senau, Oya
• Lamin Dana Handicraft Center
• Kaul Festival
• River Cruise up Batang Mukah
• Fishing Safari
• Melanau Mini Museum
• Wildlife (Fauna & Flora) and peat swamp at Gambut
The highly touted Kaul Festival has been included in the
Sarawak Tourism Calendar but plans are to include it in the
national tourism agenda in order to attract international tourists
to this annual event.
Mukah New Airport 6,858
Tanjung Manis Airport 3,942
10,800
Mukah have 2 airports which only cater for light carriers such
as the Twin Otter or Donnier and recently, the Fokker.
The Mukah Airport was recently extended at a cost of RM9.49
million and declared open on 8.9.2005 to accommodate Fokker
aircrafts. A 2nd phase of the airport extension project costing
about RM75 million is on the drawing board and would include
upgrading of the terminal hall.
Hotels/Accommodation
There are few hotels in Mukah Division and the ones existing
are mostly budget hotels with less than 30 rooms. Most of
the hotels are located in the Mukah District where most of the
commercial and business activities are.
However, tourism in Mukah was given a boost recently with
the addition of the Kingwood Mukah Resort Hotel, a 4-star 99-
room hotel which was officially opened on 24th March 2006.
Developed by Kingwood Group of Companies, the hotel offers
banquet hall, swimming pool and 9-hole golf course facilities.
Type Star Rating No. No. of RoomsHotel * 4 1 99Budget Hotel - 9 142Lodging House - 8 70Rest House - 5 16Homestay - 2 16Chalet - 15 16Total 40 359
Commercial
Except for Menara Pehin Setia Raja, there are no purpose-built
office or retail complexes in Mukah. Commercial developments
in Mukah mostly take the form of shophouses. Mukah Town
has a total of 258 units of 2 to 3 storey shophouses.
The existing commercial stock in Mukah Division is as follows:
Type No. of UnitsFood & Drink Stalls 127Market Stalls 87Restaurant 25Shophouse 700Lock Up Shops 498Mini Market 8Entertainment Outlet 6
1451
Type of Crop, Quantity and Value of Output
Source : Agricultural Department, Mukah Division, 2004
Airports
Source : Majlis Daerah Dalat Mukah and Majlis Daerah Matu Daro, 2003
No. of Visitors by Point of Entry
Source : Majlis Daerah Dalat, Mukah, Matu & Daro, 2004* WTWY Research, 2005
Hotels/Accommodation in Mukah
Source : Majlis Daerah Dalat, Mukah, Matu & Daro, 2004
SARAWAK PROPERTY BULLETIN Page 3
MUKAH - THE MELANAU HEARTLAND
There are 2 insurance companies and 7 banking institutions
housed in shophouses in Mukah.
Residential
Most of the residents in Mukah are housed in longhouses and
kampungs (98%). There are only 10 housing estates in Mukah.
Type No. of Units
Kampung 149
Longhouse 281
Housing Estate 10
Total 440
WTWY’s latest survey at end March, 2006 reveals that Mukah
Town has a total of 639 units of dwelling houses in the housing
estates, with another 248 units under construction. There were
151 units launched during the 1st quarter 2006 which is a
significantly higher number. These new launches were mostly
in the new areas of Jalan Orang Kaya Setia Raja and Mukah
New Town.
Industries
There are various types of industries in Mukah housed in the
various factories :
Type No. of factories Employment (no.)Sago/Flour 6 1000
Oil Palm 3 5000
Tebaloi 3 100
Confectionery 4 20
Sawmill 21 500
Furniture 1 200
Coal 2 50
Ice 1 50
Total 41 6,920
The government has in 1996, also established the Mukah Light
Industrial Estate alongside the Mukah River, about 3 km from
Mukah town. So far, 6 hectares of the area have been developed
out of a total planned area of 61 hectares. It has a lease period
of 60 years and is selling at RM5-00 psf for filled land.
The other industrial estate in Mukah Division is the Tanjung
Manis Timber Processing Zone developed by Sarawak Timber
Industry Development Corporation (STIDC).
Various projects have been implemented in various fields in
the past few years to further develop Mukah into a prospective
growth centre. They are :
Education
As part of Mukah’s development and expansion plan, institutions
of higher learning were built in Mukah, namely :
1. The Mukah Polytechnic which was built on a 100-acre site,
about 8.5 km from Mukah town and completed in February
2005. Costing RM300 million, it comprises 52 buildings
and student intake began in July 2005;
2. The Universiti Teknologi MARA (UiTM) opened its doors
to its 1st batch of 64 students and 4 staff members in
December, 2002.
These 2 institutions is expected to draw in some 5,000 students
at any one time.
A Maktab Rendah Sains MARA (MRSM) will also be set up
in Mukah at a new site on Section 76, Parcel 9, Mukah Land
District which is approximately 33 acres in size. The project
was awarded to Naim Cendera Holdings Berhad on 20/3/2006
at a contract value of RM48,000,000 and is expected to be
completed by 9/4/2008 (KLSE Ref. : KK-060320-D2B6B).
Infrastructure / Utility
A RM48 million double-arch suspension bridge spanning the
Mukah River near the Mukah/Sibu ferry terminals was
completed and opened to the public on 16 September, 2005.
It has become Mukah’s newest landmark as its design
resembles the famous Harbour Bridge of Sydney.
A coal-fired power station with a production capacity of 270
MW of electricity will also be built in Mukah. The project valued
at RM736 million will be handled by Sarawak Enterprise
Corporation Berhad with PPES Works (Sarawak) Sdn Bhd as
the infrastructural and site (non-plant) contractor for a contract
sum of RM38 million (KLSE Ref.: CC-060317-34353) and China
National Machinery & Equipment Import & Export Corporation
as the plant contractor.
With the opening up of Mukah since its declaration as a Division
in 2002 and the implementation of various projects, Mukah will
soon be another commercial and tourist hub for Sarawak.
No. of kampungs, longhouse and housing estates
Source : PUSAKA and Majlis Daerah Dalat Mukah, 2004
Source : Majlis Daerah Dalat, Mukah, Matu & Daro, 2004
Page 4 Volume 4, Issue 1C
O M
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D I
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OIL PALM OVERVIEW 2005
The Malaysian oil palm industry recorded a mixedperformance in 2005 due to the continued stronggrowth in production. The prices and export earningsdipped, despite an increase in exports of all oil palmproducts during the year.
The total oil palm planted area increased by 4.5% orby 174,000 hectares to 4.0 million hectares in 2005with Sabah remaining the largest oil palm planted Statewith 1.2 million hectares or 30% of the total plantedarea.
The production of crude palm oil continued to increasefor seven consecutive years reaching 15.0 milliontonnes in 2005 from 14.0 million tonnes the previousyear due to increased productivity in terms of acreageand effeciency.
The average prices of oil palm products retracted in2005, after sustaining an upward trend during the pastthree years. The price decline was attributed by thehigh stocks at the beginning of the year, renewedconcerns over the build-up in domestic stocks owingto the slow pace of exports during the second-half ofthe year and lower soyabean oil prices in the worldmarket. The average crude palm oil (CPO) price fell13.4% or RM 216 to RM1,394 as against RM1,610the previous year.
The year has been an eventful one for the Malaysianpalm oil industry as the National Biofuel Policy wasannounced by the Government in August 2005 to spurthe development of the biofuel industry in Malaysia.Three companies have established joint-ventures withMPOB to set up palm bio-diesel plants in the countryand several other companies have also disclosed theirintentions to build bio-diesel plants.
CPO production is forecasted to grow only slightly to15.1 million tonnes in 2006 after seven years ofuninterrupted uptrend in production growth and thisis expected to mitigate the pressure of the higher palmoil carry-over stocks. Demand for palm oil also lookspromising with the abolishment of palm oil import quotaby China, trans-fat labeling in the US and increasingworldwide demand for biodiesel. Coupled with thisand the projected higher growth in world oils and fatsdemand against production, the outlook for palm oilprices in 2006 is optimistic, with average CPO priceestimated at RM1,600 per tonne, against last year’s
RM1,394.
Source : Overview of the MPO industry 2005, MPOB, 14/2/2006
Source: WTWY Research, 2006
Prices of Sarawak Oil Exports (Edible & Non-Edible)
7,000 HECTARES OF COMMERCIAL OIL PALMA Perak-based company, Putaran Bijak Sdn Bhd is investing RM60million to develop about 7,000 hectares of commercial oil palmplantation on Native Customary Right (NCR) land in Kanowit. Thiswill be the 1st phase out of a total of 15,000 hectares. The 1st
harvesting is expected to be carried out in 2007 with an estimatedRM11 million worth of palm oil for every harvest. One (1) processingmill was also planned to be set up after the 1st harvest. The totaldevelopment cost under both phases is about RM100 million. Theproject involving about 1,800 families from 83 longhouses in thearea, is the 2nd commercial oil palm plantation on NCR land inKanowit.
Source: Sarawak Tribune, 17/1/2006
Monthly Average Crude Palm Oil Price (RM/tonne)
2004 - 2005
Pri
ce (
RM
/to
nn
e)
Month
2005 Price (RM)
2004 Price (RM) 1790.00
1338.00
1894.00
1305.00
2000.50
1427.50
1977.50
1343.00
1874.00
1414.50
1548.50
1402.50
1476.00
1409.00
1483.00
1353.50
1555.00
1387.50
1470.00
1455.50
1483.00
1423.00
1420.50
1391.00
1 2 3 4 5 6 7 8 9 10 11 12
2500.00
2000.00
1500.00
1000.00
500.00
0.00
Crude Petroleum (RM/metric tonne) - Sarawak
RM
/metr
ic t
on
ne
Year
1,600.00
1,400.00
1,200.00
1,000.00
800.00
600.00
400.00
200.00
0.00
RM/tonne
1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992* 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004p 2005e
Source: WTWY Research, 2006
Pri
ce (
RM
/to
nn
e)
Sarawak Palm Oil - RM/tonne
1,800
1,600
1,400
1,200
1,000
800
600
400
200
02000
1,053
2001
913
2002
1,351
2003
1,558
2004p
1,673
2005*
1,488
Year
RM/tonne
RM/tonne
Source: WTWY Research, 2006
Sarawak Major Export Commodities 2005 - % share
Source: WTWY Research, 2006
Machineries/Ship building
(incl parts), 789.2, 1.89%
Ceramics, 78.9, 0.19%
Aquaculture prdts, 121.8, 0.29%
Agricultural, 352.8, 0.85%
Palm Oil, 1512.9, 3.63%
Timber & tbr prdts, 5765.4, 13.83%
Oil & Gas (incl prdts) Timber & tbr prdts
Palm Oil Agricultural
Aquaculture prdts Ceramics
Machineries/Ship building(Incl parts) Others
Others, 3770.9, 9.05%
Oil & Gas (incl prdts), 29286,
70.27%
SARAWAK PROPERTY BULLETIN Page 5E C
O N
O M
YBNM ANNUAL REPORT 2005Despite the high oil prices and the downturn in the global electronicscycle in the 1st half of 2005, the Malaysian economy grew by 5.3%in 2005, driven mainly by the private sector, backed by strong domesticdemand. This was due to the rising incomes, increased employment,low interest rates and accommodative financing conditions. This wasalso helped by an upturn in the global electronics cycle in the 2nd halfof the year. While construction sector continue to contract, the propertysector especially the housing segment, continued to expand. Inflationstood at 3% for the year 2005 against 1.4% in 2004.
2004 2005p 2006fReal GDP 7.1 5.3 6.0
(RM billion) 249.0 262.0 277.6
Agriculture 5.0 2.1 2.0
Mining & Quarrying 3.9 0.8 5.0
Manufacturing 9.8 4.9 7.0
Construction -1.5 -1.6 1.0
Services 6.8 6.5 6.0
Outlook and Prospects for the MalaysianEconomy in 2006World growth is expected to remain firm at 4.3% while the East Asianregion is expected to sustain at a strong pace of 7 - 7.2% for 2006,especially backed by continued strength in domestic demand anddemand for consumer electronic products.
The Malaysian economy is expected to strengthen further in 2006 ata projected GDP growth rate of 6%, driven by improved exportperformance and resilient domestic demand.
The global semiconductor industry which is expected to gainmomentum in 2006 would bear positively on Malaysia in terms ofboosting manufactured exports, particularly in computers andsemiconductor segments whist the domestic demand would be drivenby private consumption as a result of rising income and demographicfactor.
Cost-push inflation is expected to rise following the increase in theprice of petroleum products on 28 February, 2006 and peak in thefirst half of the year. Subsequently, inflation is likely to ease in the3rd quarter 2006. For 2006 as a whole, the average rate of inflationis estimated to be in the range of 3.5% to 4%.
On 22 February, 2006, the OPR was raised by 25 basis points to 3.25%,the 2nd time in 3 months. The change in the rates is expected to keepinflation rate at the current levels. Two or more hikes are expectedfor the rest of 2006, bringing the OPR to 3.75% by end of 2006. Thiswould further push up bank lending rates.
Source: BNM Annual Report, 22/3/2006
THE 9th MALAYSIA PLANThe 9MP is crucial as it marks the beginning of the 2nd phase of Vision
2020 and the final phase in the 3rd Outline Perspective Plan (OPP3)
(2001-2010). The 1st Phase of the Vision 2020 emphasis was on
physical development (infrastructural) to contribute towards economic
and social development.
The 2nd and current phase will emphasise on human development
aspects to optimize utilization of available physical development. The
OPP3 strives to achieve sustainable growth rate with resilience to
develop Malaysia into a knowledge-based economy and build a united
and equitable society.
Johor 9,161 10,200 1,799 11,999 5.45%Perak 6,558 7,614 1,963 9,577 4.35%Pulau Pinang 4,862 6,152 494 6,646 3.02%Melaka 3,542 3,686 291 3,977 1.81%N Sembilan 5,658 5,884 749 6,633 3.02%Selangor 13,863 15,539 2,338 17,877 8.13%W Persekutuan 20,650 31,090 2,043 33,133 15.06%Kedah 7,610 7,817 1,093 8,910 4.05%Kelantan 3,681 6,651 976 7,627 3.47%Pahang 7,469 9,853 1,228 11,081 5.04%Perlis 1,799 2,201 377 2,578 1.17%Sabah 13,180 15,658 1,250 16,908 7.69%Sarawak 12,817 13,437 1,671 15,108 6.87%Terengganu 3,193 5,806 1,396 7,202 3.27%Multi-state 55,957 58,412 2,332 60,744 27.61%Total 170,000 200,000 20,000 220,000 100.00%
8MP 9MP % changeTransport 30,936.5 30,304.4 -2%Roads 18,451.4 17,303.1 -6%Urban Transport 706.6 1,565.5 122%Rail 5,270.1 3,634.9 -31%Ports 2,443.0 1,290.0 -47%Airports 1,779.3 2,868.5 61%Rural roads 2,286.1 3,642.4 59%Utilities 7,752.7 16,540.5 113%Water Supply 3,882.9 8,203.6 111%Sewerage 1,347.9 3,132.8 132%Rural water 733.9 1,206.5 64%Flood mitigation 1,788.0 3,997.6 124%Total 38,689.2 46,844.9 21%
GDP by Kind of Economic Activity (% change)
p Preliminaryf Forecast
After the Federal Territory and Selangor, the east Malaysianstates of Sabah and Sarawak have been given the biggestdevelopment allocation and expenditure under the 9th
Malaysia Plan which is in line with its mission of developingless developed regions especially rural development. A totalof RM15.108 billion which is about 7% of the total budgethas been allocated to Sarawak out of which RM13.437 billionwill be for development. Emphasis will be on upgrading ofinfrastructure and utility services in the rural areas of whichRM702 million will be spent on improving rural roads inSarawak and RM396 million on rural water supply. Aconsiderable portion has also been allocated for agriculturedevelopment and eradication of poverty among the rural poorespecially the Bumiputeras.
Federal government development allocation andexpenditure by states, 2001-2010 (RM million)
8MP 9MP 8MP-9MP
DevelopmentPrivate
State ExpenditureAllocation
Finance Total %Initiatives
Infrastructure Development Expenditure for Malaysia (RM million)
Fund allocation for Sarawak under the 9MP by item inthe Construction Sector
Item (RM milion)Rural roads upgrade 702Rural water supply 396Agriculture 150Poverty Eradication 139Business & Industrial 72Development of customary and native land 1000Teachers’ Quarters (including Sabah) 143
Page 6 Volume 4, Issue 1
KUCHING
N e w R e l e a s e sN
EW
P
RO
JE
CT
S
Plus Forever, the developer for Eden Condominium has ventured into conventional housing with the launch of Plus
Avenue located off Jalan Batu Kawa offering 21 double storey terraced units priced from RM268,000, 2 double storey
semi-detached units and 1 detached lot. It has also launched a shophouse project called Universiti Mall just before
the 3rd roundabout of the Kuching Outer Ring Road (next to Unimas) with prices ranging from RM858,000 to RM1,588,000.
Merdang Garden, Merbau Garden andAPT Garden
A few sizeable housing projects along Jalan Muara Tuang,
namely Merdang Garden (42 units), Merbau Garden (88 units)
and APT Garden (115 units) developed by Yeshome
Development Sdn Bhd and its subsidiary, Evergreen Icon Sdn
Bhd were recently launched, offering mostly single storey units
including low cost plus units with prices starting from RM168,000
for the former and from RM115,000 for the latter. The double
storey terraced houses are priced from RM208,000 and single
storey semi-detached from RM225,000.
Heritage Garden Casa Mutiara Taman NuriJalan Tun Abdul Rahman, Petra Jaya Jalan Depo, Petra Jaya Petra Jaya
No. of Units : 104 units No. of Units : 47 No. of Units : 6
69 DST (From RM300K) 39 DST (From RM235K) 6 DSSD (From RM425K)
18 DSSD (From RM420K) 8 DSSD (From RM330K) Developed by Hart Builders SB
14 3SH (From RM1 million) Detached Lots
1 food court Developed by Mahligai Kekal SB
2 detached lots
Developed by : E-Heritage SB
Plus Avenue and University Mall
Plus Avenue Universiti Mall
Petra Jaya ProjectsSome housing projects launched at Petra Jaya area for the 1st Quarter 2006 are :
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SARAWAK PROPERTY BULLETIN Page 7
MIRI
Taman Jelita located at Taman Tunku is a sizeable development of mixed housing comprising 233 units of single storey terraced
units and 44 units of double storey terraced units with price ranging from RM129,888 to RM175,888 for the single storey units
(from 71.0 sm) and from RM183,888 to RM221,780 (133.0 sm) for the double storey units. The project is developed by Kumpulan
Parabena.
Type of Property: Single-storey terraced dwelling house Double-storey detached dwelling house Single-storey detached dwelling houseNo Of Unit: 54 units 12 units 6 unitsPrice (RM): DH1TH From RM112,888 onwards From RM 502,888 Type A - RM268,888
Type B - RM259,888Land Area: From 150.14 s.m From 732.07 s.m Type A - 709.80 s.m
Type B - 638.98 s.mWall Up Area: From 75.0 s.m 262.75 s.m 126.0 s.mCompletion Date: 2006 NA NADescription: Desa Murni, Bandar Baru Permyjaya Viola, Prima Villa Desa Indah 1 & 2, Bandar Baru Permyjaya
Taman Soon Hup
Taman Soon Hup, developed by Islandmate Development Sdn Bhd offers 73
double-storey terrace units with wall up area of 131.25 sm and 30 single-storey
terrace units with wall up area of 69.51 sm priced from RM208,800 and RM80,000
respectively. The land area varies from 149.7 sm for the single storey terrace
to 174 sm for the double storey terrace.
Taman Jelita (Taman Tunku Phase 2)
Bandar Baru Permyjaya
Page 8 Volume 4, Issue 1
Medan Ginseng
Medan Ginseng is a new residential development to the west of Jalan Sibiyu launched
by Paling Construction Sdn Bhd in February 2006. It consists of 57 units of double
storey terraced (RM198,000 - RM270,000), 10 units of double storey semi-detached
(RM320,000-RM370,000), 16 units of single storey low cost terraced
(RM40,000 - RM47,000) and detached plots with various designs.
SIBU
Type Kuching Sibu Bintulu Miri
DH1LC 85,000 - 40,000 - 47,000 -
DH1T 129,000 - 222,000 145,000 - 192,000 - 80,000 - 175,888
DH2T 235,000-350,000 218,000 - 355,000 198,000 - 270,000 183,888 - 389,000
DH1SD 228,000-278,000 - - 318,000 - 388,000
DH2SD 330,000-508,000 From 335,000 320,000 - 370,000 398,000 - 418,000
DH1D 640,000 - - 259,888 - 268,888
DH2D - - - 502,888 onwards
Taman Fabulous, Sibu
Developed by Fabulous Enterprise Sdn Bhd at Jalan Lada, Taman Fabulous consists of 71 housing units of 14 double storey
semi-detached and 57 double storey terraced with prices ranging from RM218,000 to RM270,000 for land areas of between
202.3 to 283.2 sq metres.
BINTULU
New Residential Projects launched for 1st Quarter 2006
NEW PROJECTS SUMMARY QTR 1 2006
Source: WTWY Research, 2006
Selling Prices of residential units launched for 1st Quarter 2006
Source: WTWY Research, 2006
Season Park II
Season Park II was launched on 27/3/2006 by Pembinaan Jingco Sdn Bhd at Jalan
Teku, Sibu offering a total of 57 housing, namely 8 units of double-storey semi-
detached, 33 units of double-storey terraced and 16 units of single-storey terraced.
The price of the single storey terrace range from RM162,000 to RM192,000, the
double-storey terrace from RM225,000 to RM275,000 and the double-storey semi-
detached starts from RM335,000.
Type Kuching Sibu Bintulu MiriDH1T 685 57 16 317
DH1.5T 45 0 0 0
DH2T 187 208 57 123
DH1SD 24 0 0 6
DH2SD 78 32 10 6
DH1D 1 0 0 6
DH2D 5 0 0 12
Total 1025 297 83 470
SARAWAK PROPERTY BULLETIN Page 9
LOWER QUOTA FOR LOW COST HOUSING ALLOCATION
The quota ruling in respect of low cost houses for private housing
developers have been eased from 30% to 10%. Under the
relaxed policy, the developers can now opt to use the other
20% quota for medium low cost houses priced between
RM48,000 to RM80,000. The low-cost houses are priced
between RM40,000 to RM47,000. This quota ruling would apply
to any scheme covering more than 10 acres in the major towns
in Sarawak.
Source : The Star, 14/1/2006
RUMAH MESRA RAKYAT (RMR)
The Rumah Mesra Rakyat (RMR) is a people-friendly housing
scheme between the Housing Development Corporation (HDC)
and Syarikat Perumahan Negara Bhd (SPNB). RMR housing
scheme will see the construction of RMR homes on state land
or individual land owned by Sarawakians aged not more than
65 years old with an income of less than RM1,000 a month,
and who can afford to buy a house. HDC will manage the
ownership and repayment of these houses.
For a start, 196 RMR units have been planned in Kpg Bako
in Kuching and Kpg Petanak in Mukah, with a total target of
1,000 units by end of 2006. Each house would have 3 bedrooms
and 2 bathrooms to be built on land or on stilts, with a build
up area of 700 or 1,000 sq feet. 1/3 of the construction cost
would be subsidized by the Federal Government, meaning a
remainder of RM35,000 would be paid by the houseowner over
a period of 32 years at RM100 per month. Low and medium
low affordable houses would be capped between RM47,000
and RM80,000.
Source : The Borneo Post, 7/3/2006
CLASS F CONTRACTORS FOR “RMR’’ PROJECTS
Class F contractors would be given RMR project jobs whose
project value is not more than RM250,000. Under the scheme,
each Class F contractor would be awarded 3 or 4 units of RMR
houses to construct , and once finished, they could be given
another batch of houses to build.
Source : The Borneo Post, 7/3/2006
REVIVAL OF ABANDONED HOUSING PROJECTS
The Ministry of Housing Sarawak will work together with Syarikat
Perumahan Negara Berhad (SPNB) to revive abandoned
housing projects in Sarawak and prevent recurrence. Under
the project this year, the Ministry hopes to revive 13 abandoned
housing projects worth RM196 million. The Bintulu Port Staff
Housing Project which was abandoned in 2003 due to financial
difficulties by the developers has been successfully revived.
The development which consists of 426 houses on a 70-acre
land was rehabilitated at a cost of RM33 million. Works started
in January, 2004 and the completed project was officially handed
over to Bintulu Port on 18/3/2006.
Adapted from The See Hua daily News, 18/3/2006 and The Borneo Post dated 19/3/2006
KUCHING
RM150 million road projects for HSL
Hock Seng Lee Berhad (HSL) has received letters of
intent from the Sarawak government through the Public
Works Department (JKR) for two new road projects
worth some RM150 million :
• Construction and completion of the proposed
Semariang Riverine Loop Road in Kuching (which
includes a new 11 km road along a low-lying
coastal stretch, 7 major bridges, several minor
crossings and associated drainage and culvert
works) to be undertaken on a design and build
basis over 30 months worth RM70.1 million;
• Construction of an access road linking a
Technology Park to Kampong Tanjong Bako
incolving a 12-km new 2-lane carriageway, three
bridge crossings and associated drainage and
culvert works, with an estimated value of RM79.8
million over 30 months
The contracts are expected to be paid in cash and
kind through allocation of State land which would serve
to enhance its property development arm.
Source : KLSE Announcement Ref. No. HS-060220-51952 dated 20/2/2006
Expansion Works at Swinburne
Extension works for Swinburne University of
Technology Sarawak Campus valued at a contract sum
of RM68.5 million signed between Pometia Sdn Bhd
and PPES Works Sdn Bhd have already started, with
RM60 million awarded for the extension of the campus
and RM8.5 million for 2 blocks of 4-storey student’s
hostel. The extended facilities will include 44
engineering, science and research labs, 24 computer
labs, a conference facility which can accommodate up
to 450 people, a lecture theatre for 380 students, a
new library, a multi-level car park structure and a sports
hall which would be complete in October 2007 while
the hostels would be completed in August 2006.
Student intake is expected to reach 5,000 by 2010 from
the current 1,000 students.
Source : The Borneo Post, 7/3/2006
5.3 million passengers for KIA by 2012
With the completion of the Kuching International
Airport, it will be able to handle some 5.3 million
passengers by 2012 at the rate of 7% increase per
annum, playing its role as the 3rd largest airport in the
country, after KLIA (Kuala Lumpur International Airport)
and KKIA (Kota Kinabalu International Airport). The
new terminal would have a space load of 46,000 sq
metres compared to 23,000 sq metres previously.
Source : Sarawak Tribune, 17/1/2006
LOW COST HOUSING PROJECTS
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Page 10 Volume 4, Issue 1
BINTULU
Aluminium Smelter Plant Project
The 2 strongest contender for the aluminium smelter plant
project in Bintulu, are CMS Energy Sdn Bhd, a wholly-
owned subsidiary of Cahya Mata Sarawak Bhd and
Smelter Asia Sdn Bhd with a RM11 billion and RM8 billion
proposal respectively. The proposed aluminium smelter
plant is expected to take up between 70% and 100% of
the entire 2,400 MW of power to be produced by the Bakun
dam.
Source : The Utusan Malaysia, 23/1/2006
MIRI
NAIM CENDERA hands over Phase I of ILP Miri
Naim Cendera handed over Phase I of Institut Latihan
Perindustrian Miri to the Human Resource Department
on 7/3/2006. ILP Miri is a 1-stop vocational training institute
for school leavers. Sited on a 60-acre land at Bandar
Baru Permyjaya Miri, it is Naim’s flagship property
development project in Miri. In 2004, Naim was awarded
the RM76 million contract for the construction and
completion of Phase 1 by the Human Resource
Department of the Ministry of Human Resources. Work
on the project started in August 2004 and was completed
ahead of the February 2006 deadline. Phase II consists
of 53 units of staff quarters, a block of hostels for 200
male students, two faculties for 270 students, a hockey
field, a grandstand and 5 types of recreational facilities
and a surau. The contractual date for project completion
is February 2007.
Curtin Precinct
The construction works of a new township about 2 km
away from Malaysia’s Curtin University will commence
simultaneously with the 2nd phase extension works of
Curtin University which is expected to be completed in
2008.
The proposed development area, costing RM14 million,
will cover about 400 hectares of the new township, known
as Curtin’s Precinct and is aimed at accommodating the
estimated 2,000 students enrolling into Curtin University
as well as lecturers, international students, administrators
etc. The proposed new township area will have properties
ranging from double storey shophouses to mixed housing
like detached houses, double storey terraced houses and
deluxe condominiums.
Adapted from See Hua Daily News, 8/1/2006
Pasir Panjang Family Park
Pasir Panjang, Santubong, approximate 40 kilometres
away from Kuching City, will soon have a family park called
Pasir Panjang Family Park close to Pasir Pandak, a
popular fishing village. It will occupy an area of about
400 hectares and will be developed in stages over a
timeframe of 10 to 20 years. This would be an ideal family
picnic and tourist spot as it is close to many places of
attractions such as Kampung Buntal, Sarawak Cultural
Village, Damai Resort, Damai Lagoon Resort and
Santubong Resort.
The Pasir Panjang Family Park would be complimented
by additional facilities such as cable cars that commute
to the other Santubong natural attractions, seawater
waterworld/ wet/watersports, fauna garden, rainforest,
camping area, jungle trekking pathway/bush walking,
bicycle path, foodcourt, barbecue facilities and even an
entertainment arcade/theme park that would be able to
accommodate about 1600 people.
Adapted from See Hua daily News and International Times, 26/3/2006
SIBU
Sibu-Tanjung Manis Road
Tenders for the soon to be built Sibu-Tanjung Manis Road,
divided into 2 packages costing RM222 million and RM165
million respectively, were recently awarded.
Package 1 spanning Sibu to Sg Lobah Santubah was
awarded to Trans Resources Corporation Sdn Bhd, a
subsidiary of TRC Synergy Berhad, a public listed
company, for a contract sum of RM222 million. The time
for completion of the project is 42 months from the
commencement of works and site possession which would
be announced a later date.
Source : The Borneo Post, 15/3/2006 and KLSE Announcement Ref. No. TS-060329-43306
Sg Assan Bridge opened to traffic
The Sg Assan Bridge at Upper Lanang Sibu which is a
4-lane dual carriageway spanning 1.22 km will open to
traffic on 25/4/2006 which is ahead of schedule by a year.
The connecting 20.2 km Pradon-Tg Genting Road will be
upgraded, costing some RM18.3 million to be completed
within 18 months.
Source : Adapted from Sing Chew Jit Poh, 30/3/2006
SARAWAK PROPERTY BULLETIN Page 11
GOODS & SERVICES TAX (GST)POSTPONED
The GST which was supposed to come into effect on
1st January, 2006 has been deferred to a later date. The
move is to allow more time to further refine the proposed
GST model and to ensure that businesses are ready to
implement the new system.
Source : The New Straits Time, 23/2/2006
A LUNCHEON TALK jointly organized by the Sarawak Housing
and Real Estate Developers’ Association, RHB Bank Berhad
and CH Williams Talhar Wong & Yeo Sdn Bhd was held on
15th February, 2006 at the Grand Ballroom of the Kuching Hilton.
Entitled “Sarawak Property Market Report 2005 & Sarawak
Property Market Outlook 2006”, the talk was well attended
by developers, bankers and business associates and graced
by the Assistant Minister of Housing, YB Dr Soon Choon Teck.
An overview of the property market in Sarawak for 2005 and
the outlook for 2006 including exposition on the factors
influencing property demand and market sentiments was
presented by Mr Wong Ing Siong, Managing Director of
CH Williams, Talhar, Wong & Yeo Sdn Bhd. The Q & A session
immediately following saw active participation from the floor.
Participants were also treated to a sumptuous buffet lunch at
the same venue.
Luncheon Talk committee
Talk presented by Mr Wong Ing Siong, MD of WTWY
Section of the crowd during the Buffet Lunch
○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○
RETAIL SALES GROWTH
SHEDA LUNCHEON TALK
Year % growth RM billion
1995 10.10% 39.7
1996 9.40% 43.4
1997 7.00% 46.4
1998 -20.00% 37.1
1999 7.40% 39.9
2000 10.40% 44.1
2001 1.70% 44.8
2002 3.00% 46.2
2003 3.60% 47.8
2004 8.00% 51.7
2005e 6.50% 55.0
2006f 8.00% 59.4
Source : Retail Group Malaysia 2006
The information in this newsletter is subject to change and cannot be part of an offer or contract. Every reasonable care has been taken in providing this information and WTWYcannot be held responsible for any inaccuracies. The information and photographs in this newsletter cannot be reproduced in other publications without the permission of WTWY.
C H Williams Talhar Wong & Yeo Sdn Bhd (24706-T)
Printed By WISMA PRINTING SDN. BHD. (287428-U)
Address Lot 1949, Section 66, KTLD, Pending Industrial Estate,
Jalan Tekad, 93450 Kuching.
Tel 082-338131
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KUCHING
No 9 (First Floor)
Jalan Song Thian Cheok
P O Box 2236
93744 Kuching
Sarawak
Malaysia
Tel: 082-246262
Fax: 082-416909
Email: [email protected]
SIBU
No 11 & 12, 2nd Floor
Lorong Kampung Datu 3A
P O Box 1467
96008 Sibu
Sarawak
Malaysia
Tel: 084-319396
Fax: 084-320415
Email: [email protected]
MIRI
Lot 1139 Ground & First Floor
Miri Waterfront Commercial Centre
P O Box 1121
98008 Miri
Sarawak
Malaysia
Tel: 085-432821
Fax: 085-411786
Email: [email protected]
BINTULU
1st Floor, 35 BDA/Shahida
Commercial Centre
Lebuhraya Abang Galau
P O Box 363
97008 Bintulu
Sarawak
Malaysia
Tel: 086-335531
Fax: 086-335964
Email: [email protected]
www.wtwy.com
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Published By C H Williams Talhar Wong & Yeo Sdn Bhd (24706-T)
Address No. 9, (First Floor), Jalan Song Thian Cheok,
P.O. Box 2236, 93744 Kuching.
Tel 082-246262
WTWY Offices
MINISTRY OF INDUSTRIAL DEVELOPMENT SARAWAK (MIDS)LAUNCHES READY-BUILT FACTORIES
The Ministry of Industrial Development Sarawak recently launched its semi-detached andterraced factory units located at Demak Laut in Bako on 17 January, 2006. It is part ofPhase 3 of the Demak Laut Industrial Park and the 1st of such project involving sale and
rental of ready-built factories to cater to the needs of SMIs and SMEs. The units launchedwere 64 units of semi-detached factories for sale from RM450,000 per unit and 18 units of
terraced factories for rent from RM1,500 per month per unit with special discount forBumiputera.
The launch was officiated by YB Datuk Patinggi Tan Sri Dr George Chan Hong Nam, DeputyChief Minister and the Minister of Modernisation of Agriculture and Minister of IndustrialDevelopment Sarawak and attended by well over 200 government officials, investors,potential buyers/tenants and bankers. Also present at the launch were the assistant
ministers of Industrial Development, YB Datuk Daud Abdul Rahman and YB Encik Larry SngWei Shuen, Assistant Minister of Environment, Dr Abang Abdul Rauf Abang Zen and Ministry
of Industrial Development Permanent Secretary, Tuan Haji Soedirman Aini.
C.H. Williams, Talhar, Wong & Yeo Sdn Bhd is both the marketing agent and propertymanager for this project, being appointed as MIDS’ exclusive property consultant for the
ready-built factories.
